The world is on track to add record amounts of solar energy capacity this year — a scenario that would be great for renewable goals, but will also pose some challenges
The National Development and Reform Commission said the money should be targeted at coal power plants and the country’s grid
China is the world’s biggest emitter of greenhouse gases and has set ambitious targets to cut down its emissions, including hitting peak carbon levels by 2030
All existing carbon credits linked to renewable energy projects failed to qualify as per the Core Carbon Principle standards due to concerns over their role in preventing emissions
'Coal-fired power will still play a role in guaranteeing energy security for a certain period of time,' China's top economic planner said
Latest numbers out of China indicate the country's carbon emissions may have peaked last year
The world's fastest growing major economy has prioritised coal to address a surge in power demand in recent years, underscoring the challenges it faces in weaning its economy off carbon
Break-neck expansion in China’s renewable energy capacity has led to more power generation than the country’s grids can handle — something recent data affirmed
China's state-owned banks can offer loans as low as 1.4% for nuclear power development, far lower than available in Western economies
Billions of dollars worth of state subsidies and incentives have fuelled a steep plunge in prices of China's solar cells and modules, slashing the industry's profits
The clean energy sector was the biggest driver of China’s economic growth in 2023, contributing 40% of its expansion
The US treasury secretary held talks with the Chinese premier during an 80-minute-long meeting in Beijing as part of her week-long trip to China